Pune, India - Johnson Controls has acquired the balance of the 50:50 automotive seating joint venture with Tata Automotive components.
Johnson Controls has full control of the business. No price was disclosed.
"India is an emerging market and part of Johnson Controls' global strategy for sustainable growth," said Paul Chawla, president and chief executive officer, Johnson Controls Automotive Experience India, "We are strongly committed to continue to invest in our Indian business."
Johnson Controls says that the deal includes eleven locations across India, including an engineering center in Pune, and about 2,100 employees.
Johnson Controls says it will leverage its automotive seating, electronics and interiors businesses in India following the transaction. It will continue to develop its engineering expertise at the new Technical Center in Pimpri. In addition, Johnson Controls plans to expand its prototype and testing capability for the India region.
